The principal external impediment to lowincome countries trade arises from the inability to reach agreement, multilaterally, on modalities for reducing barriers to trade barriers which whileoffering the potential for gain (through their eventual removal) tend to impact disproportionately on developing countries The dynamic negative effects and economic growth disadvantages in this case is that free trade may increase the efficiency of resource utilization, and free up resources for other uses within the worlds poorest countries However, due to obtaining little to no goods to trade andor export, free trade is obsolete

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Free trade helps to reduce poverty Integration into the world economy has proven a powerful means for countries to promote economic growth development ... View the full answer